Cole Waterhouse appoints industrial MD  

David Nuttall has left Tritax Symmetry after three and a half years to head up the developer’s logistics division. 

Cole Waterhouse has hired Nuttall, who also had stints with Knight Frank and St Modwen, as part of a restructure. 

The investment and development company is now split into two divisions. Nuttall has been appointed as managing director of the industrial and logistics division, while Simon Gallanders has led the residential arm since April 2021.  

Cole Waterhouse’s logistics team is developing more than 2m sq ft of industrial space across the country, including a 300,000 sq ft scheme on a 15-acre site close to the AJ Bell Stadium in Salford. 

Elsewhere, the firm is delivering a 330,000 sq ft speculative logistics development in Newcastle-under-Lyme and 735,000 sq ft at the former Kellingley Colliery site in Yorkshire. 

“I have known the team at Cole Waterhouse for many years and they have already amassed an enviable range of schemes and the opportunity to lead the industrial and logistics division was something that I couldn’t turn down,” Nuttall said. 

“Our focus will be on delivery and working hand in hand with our funding partners to secure end-users and maximise the value of these assets. We also have the appetite and backing for further projects, and we will be actively looking to add new opportunities across the UK.” 

Damian Flood, chief executive of Cole Waterhouse, added: “The creation of this new position is a key part of our long-term business strategy and David joining our business further strengthens our growing team. 

“With a strong pipeline of development projects already underway, David will be instrumental in helping to develop the business and unearth new opportunities for us moving forward.”